We help fashion businesses flourishing grow with everything from securing intellectual property rights to renegotiating agency agreements and commercial leases.
Date: Announced 28 September 2018
Buyer: /Investor: Chanel
Target: Orlebar Brown
Business: Luxury swimwear brand
Value: Undisclosed
Details: Privately owned Chanel has acquired Orlebar Brown from a number of shareholders, including founder, Adam Brown, and private equity house Piper for an undisclosed but reportedly substantial sum. In August the fashion press reported that the company was gearing up for a £50million sale.
Date: 19 September 2018
Buyer: /Investor: L-Gam Advisors Sarl
Target: Woolrich International
Business: Outdoor clothing brand
Value: Undisclosed
Details: Luxembourg investment company L-Gam Advisors Sarl has acquired a majority stake in American outdoor clothing brand Woolrich International in an investment intended to assist the target in its international expansion plans.
Date: Announced 18 September 2018
Buyer: /Investor: Chanel
Target: Montres Journe SA
Business: Manufacturer of luxury time pieces
Value: Undisclosed
Details: Chanel has acquired a 20% stake in the Swiss company which produces high-end watches under the brand F.P. Journe in what Chanel say “is part of the desire to preserve and develop expertise and to support independent watch makers who share the same values of creation and excellence as Chanel”.
Date: Announced 14 September 2018
Buyer: Klarna Bank AB
Target: Close Brothers Retail Finance
Business: Retail finance provider
Value: Undisclosed
Details: Klarna has announced it has agreed to acquire Close Brothers Retail Finance from Close Brothers Group plc in a deal conditional upon obtaining approval to the change in control of the retail finance provider from the Financial Supervisory Authority of Sweden.
Date: 10 September 2018
Buyer: Ted Baker
Target: No Ordinary Shoes Limited and No Ordinary Shoes USA LLC Vendor Pentland Group Plc
Business: Footwear retailer
Value: Up to £21million (£13million on closing plus a net asset adjustment expected to be between £4-8million)
Details: Ted Baker brings its UK and US footwear operations in house with the purchase of No Ordinary Shoes Limited and no Ordinary Shoes USA LLC in a deal financed by Ted Baker’s existing bank facilities.
Date: 03 September 2018
Buyer: The Hut Group
Target: Acheson & Acheson
Business: Manufacturer for prestige beauty brands
Value: Between £50million – £100million
Details: Manchester based beauty tech firm, The Hut Group, has acquired beauty products manufacturer Acheson & Acheson indicating it is planning to spend a further £50million on expanding the target’s business formula in Europe and the US.
Date: Announced 28 August 2018
Buyer: Sapinda Holding B.V.
Target: Naked Brand Group Limited
Business: Lingerie and swimwear
Value: $25million
Details: Naked Brand Group Limited have announced the term sheet for a $25million strategic investment from leading European investment firm Sapinda Holding B.V., which is the owner of Italian lingerie firm La Perla. The term sheet contemplates a private placement of up to 5,000,000 newly issued ordinary shares for a price per share of US$5.00.
Date: 10 August 2018
Buyer: Sports Direct International plc
Target: House of Fraser
Business: Fashion Retailer
Value: £90million
Details: Sports Direct International plc has acquired the business and assets of House of Fraser from the administrators of House of Fraser Limited, House of Fraser (Stores) Limited and James Beattie Limited (the main operating companies of the House of Fraser Group). The assets acquired included all UK stores, the brand and the stock in the business.
Date: 2 August 2018
Buyer: Charlesbank Capital Partners
Target: The Rockport Group
Business: Fashion retailer
Value: Undisclosed
Details: Charlesbank Capital Partners have acquired substantially all of the assets of The Rockport Group, including the North American wholesale and e-commerce operations, all of Rockport’s international operations and retail stores, and the Aravon and Dunham brands.
Date: 18 June 2018
Buyer: JD Sports Fashion Plc
Target: The Finish Line, Inc.
Business: Sportswear retailer
Value: US$558 million
Details: British retailer JD Sports Fashion Plc has acquired the entire issued share capital of US athletic footwear, apparel and accessories retailer, The Finish Line Inc., at a price of $13.50 per share.